Gold Price Drops in Pakistan
KARACHI: Gold prices extended declines on Tuesday after a retreat in international oil prices and rupee depreciation against the US dollar boosted risk appetite. According...
Rupee Value Continues To Increase On Consecutive Third Day As Closes At Rs182.02
KARACHI: The rupee extended gains on Tuesday for the third consecutive session bolstered by hopes of political and economic stability following the formation of the...
PM Directs Sasta Bazaars Monitoring In Ramadan For Goods At Cheap Rates
Islamabad: Prime Minister Shehbaz Sharif has issued directions for implementation of relief measures announced by him yesterday in the National Assembly. He has directed to...
Gold Prices Drcrease by Rs900 Per Tola
KARACHI: Amid the recovery in other commodity markets, gold price in Pakistan dropped Rs900 per tola to settle at Rs131,400 in Pakistan Monday. Meanwhile, the...
PSX Gains 1,700 Points
KARACHI: The bulls dominated trading at the Pakistan Stock Exchange (PSX) on Monday as the benchmark KSE-100 index rallied, reaching new records by gaining 1,700...
PKR Appreciates Against US Dollar
KARACHI: The Pakistani rupee’s uptrend persisted on Monday as the currency gained 0.96%, or Rs1.75, against the US dollar in the inter-bank market, closing at...
Governor SBP Hints Increase In Petroleum Products And Electricity Prices
Islamabad: Governor State Bank Of Pakistan (SBP) Raza Baqir has hinted an increase in petroleum products and electricity prices In an interview with the English...
Weekly Inflation In Pakistan Reaches 21-week High
ISLAMABAD: A hike in prices of tomatoes, edible oil and LPG pushed weekly inflation to over 21-week high at 1.53 percent week-on-week and 17.87 percent...
Dollar Weakens Against PKR
KARACHI: The dollar has weakened against Pakistani rupee at the Interbank Foreign Exchange (IFEX), the dollar is trading at 187 paise to 187 paise after...
PTI Govt Added Rs 18 Trillion To Public Debt
Karachi:The outgoing government added over Rs 18 trillion to the public debt during its three-and-a-half-year stint, which was more than the liabilities accumulated by any...
PSX Loses Over 300 Points
KARACHI: The bears staged a comeback at the Pakistan Stock Exchange (PSX) as the benchmark KSE-100 index loses over 300 points owing to rupee depreciation...
Gold Price Increases By Rs1,500 Per Tola
KARACHI: The gold price in Pakistan soared to an all-time high at Rs134,300 per tola on Thursday as currency devaluation eclipsed pressure from riskier assets...
SBP Increases Interest Rate By 2.5 Percent
Islamabad: The State Bank of Pakistan (SBP) on Thursday (today) increased interest rate by 2.5 percent. 1/3 In an emergency meeting today, MPC decided to...
Pakistani Rupee All Time Low At Rs 189 Against US Dollar
KARACHI: The Pakistani rupee surpassed all records on Thursday, selling at above Rs189 against the dollar in the interbank market. The local currency was trading...
Gold Price Increases in Pakistan
KARACHI: Gold shines once again, as it hit an all-time high of Rs132,800 per tola (11.66 grams) in Pakistan on Wednesday after investors relocated the...
PSX Gains 183 Points
KARACHI: The Pakistan Stock Exchange (PSX) witnessed positive momentum on Wednesday as it regained the 44,000 points level lost earlier this week amid the ongoing...
PKR Hits All-time Low Against US Dollar
KARACHI: Amid ongoing political uncertainty in the country, Pakistani Rupee continued to slump against US Dollar in the interbank market. The local currency dropped 90...
Gold Price Surges by Rs800 Per Tola in Pakistan
KARACHI: Gold price in Pakistan gained Rs800 per tola as the local currency plunges to an all-time low of Rs185.23 against the US dollar in...
Dollar Price Crosses Rs 186 In Open Market
Karachi: The value of US dollar on Tuesday (today) increased by Rs 1 in the open market. The US dollar surpasses Rs 186 in the...
Pakistan’s Trade Deficit Soars To $36Bn
ISLAMABAD: Pakistan’s trade deficit ballooned by 70 per cent during the first nine months of the ongoing fiscal year, data shared by the Pakistan Bureau...
PSX Sheds Over 1,200 Points
KARACHI: The Pakistan Stock Exchange (PSX) on Monday came under intense selling pressure as the rising political drama rattled investors and pushed the benchmark index...
Gold Price Sheds in Pakistan
KARACHI: Gold price in Pakistan shed Rs100 per tola and Rs85 per 10 grams to settle at Rs131,200 and Rs112,483, respectively. According to All Sindh...
All Banks To Be Closed Today Owing To Deduction Of Zakat
Karachi: All the banks across the country will remain close for all public dealings owing to cutting of Zakat. According to State Bank Of Pakistan...
Inflation in Pakistan Jumps To 12.7pc in March
ISLAMABAD: The inflation rate picked up pace and jumped to 12.7% in March amid a significant rise in prices of perishable food items both in...
PSX Witnesses Bullish Trend
KARACHI: The Pakistan Stock Exchange (PSX) extended its bull-run on the last day of the trading week and jumped over 200 points as the market...
Gold Price Increases in Pakistan
KARACHI: Gold price in Pakistan gains Rs100 per tola and Rs 86 per 10-grams on Friday contrary to a decline in the international bullion prices....
SBP Announces Ramzan Timings For Banks
Karachi: The State Bank of Pakistan (SBP) has issued banks timing for the holly month of Ramzan. As per the SBP, office timings in Ramzan...
Govt Keeps PoL Prices Unchanged
ISLAMABAD: The government of Pakistan on Thursday has decided to maintain the prices of petroleum products. According to the notification issued by the Ministry of...
PSX Gains 591 Points
KARACHI: The Pakistan Stock Exchange (PSX) bounced back on Thursday as the benchmark KSE-100 surged by nearly 600 points supported by late-session buying. Anticipation of...
US Dollar Reaches Record High Against PKR
KARACHI: There was no respite for the falling Pakistani currency as the rupee continued to decline against the US dollar, amid the ongoing political uncertainty...
SBP Sets This Ramzan Nisab For Zakat
Karachi: State Bank of Pakistan (SBP) has fixed (amount of Nisab) for Zakat. As per the SBP, for this year limit for zakat has been...
Gold Price Increases in Pakistan
KARACHI: Investors are eyeing gold keenly as a weaker rupee and political uncertainties buoy interest in precious metals, however, the appetite of local consumers is...
PKR Hits Record Low Against US Dollar
KARACHI: The Pakistani rupee continued to lose ground and fell to an all-time low of Rs182.64 against the US dollar in the inter-bank market on...
Gold Price Decrease By Rs900 Per Tola
KARACHI: In line with the global market, domestic gold prices fell by Rs900 per tola and Rs771 per 10 grams on Tuesday. Domestic gold prices...
US Dollar Continues To Appreciate Against PKR
KARACHI: Owing to the strengthening US dollar in global markets and uncertainty triggered by a no-confidence motion against Prime Minister Imran, the Pakistani rupee on...
Gold Price Decreases By Rs472 Per Tola
KARACHI: In line with the global market, domestic gold prices fell by Rs550 per tola and Rs472 per 10 grams on Monday. Domestic gold prices...
Posotive Trend Prevails at PSX
KARACHI: The bears and bulls locked horns at the Pakistan Stock Exchange (PSX) on Monday as the KSE-100 index traded on both sides of the...
Dollar Hits Historic High At Rs 182.42 In Interbank Market
Islamabad: Pakistani rupee value further declined on Monday against US dollar. The dollar reaches at historic high level after an increase of 62 paisas after...
Gold Prices Drop By Rs 50 Per Tola
KARACHI: Gold prices were little changed on Friday as it receded by Rs50 to settle at Rs131,450 per tola. The price of the precious commodity...
KSE-100 Ended With Gain Of 28.60 Points
The Pakistan Stock Exchange’s (PSX) witnessed a range-bound session, as the benchmark KSE-100 Index ended only marginally positive on Friday, while volume of shares traded...
Russia Will Only Accept Rubles For Gas Deliveries to Europe: Putin
MOSCOW: President Vladimir Putin said Wednesday Russia will only accept payments in rubles for gas deliveries to “unfriendly countries”, which include all EU members, after...
PSX Sheds 26 Points
KARACHI: The Pakistan Stock Exchange (PSX) experienced a tepid trading session on Tuesday and the benchmark KSE-100 index shed 26 points amid the absence of...
Gold Prices Increase in International, Domestic Markets
KARACHI: In line with the international market, the gold price in Pakistan extended gains on Tuesday amid depreciation in the Pakistani rupee and uncertainty in...
ADB Approves $300 Mln loan For Pakistan
ISLAMABAD: The Asian Development Bank (ADB) Tuesday approved a $300 million loan to further develop Pakistan’s capital markets, promote private investment in the country, and...
Global Oil Prices Jump Again
Global oil prices have jumped more than $3 a barrel, with Brent crude climbing above $111, as the European Union nations consider joining the United...
Bullish Trend Prevails At PSX
KARACHI: The Pakistan Stock Exchange (PSX) largely ignored political uncertainty on Monday, the first day of the rollover week, notching up modest gains as investors...
Gold Price Increases by Rs700 Per Tola
KARACHI: Gold price in the local market recorded an increase of Rs700 per tola on Monday as the local currency plunged to a record low...
There Is Noise Of Inflation In The Country: Shaukat Tarin
ISLAMABAD: Finance Minister Shaukat Tarin on Sunday said that country’s imports are decreasing while exports including services exports have increased manifold. Addressing media in Islamabad,...
ECC Approves Reduction of Rs5 in Electricity Prices
ISLAMABAD: In line with Prime Minister Imran Khan’s announcement regarding a Rs5 decline per unit in electricity prices, the Ministry of Energy sought an incentive...
Gold Price Increases By Rs 100 Per Tola
KARACHI: Gold prices recorded a meagre gain of Rs100 per tola in the local market on Friday amid constant depreciation in rupee against the US...